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years the obama administration, in really a bipartisan spirit, has sought to step up our game in the asia-pacific region, to increase our diplomatic, our commercial, our strategic and our political interactions really across the board. and when we think about it -- it's been termed either the pivot or rebalancing -- a key component of that is frankly our desire to improve and increase our interactions and our relationship with china. we all recognize its importance on the global stage. and frankly, the region and the world demands that the united states and china make an extraordinary effort to make sure that our relationship is strong and stable and predictable. you referred to this long history of what are often referred to as hegemonic transitions. one of the things i would say is that the leadership on both sides has the benefit of that history, to look at missteps that have been taken in the past. and there is a very clear determination on both sides to ensure that where we compete, we compete peacefully and that we seek always to step up areas of cooperation as we go for
. in conclusion, the obama and -- above the administration is congress have been great partners that we are grateful. but costs will be high. they would be unfathomable and the terms of lost productivity, disabled economy and a fracture transportation network should we fail to make those repairs and investments. the road ahead will be a challenge but with the help of the federal government and our partners, we know recovery is possible. thank you for all to this hearing, senator. >> we know each other so well. we are neighbors in our professional office space across the street and because of the densely populated character of our area, we have a lot of service to supply. i think you have done it well and we're proud of the people at new jersey transfer for the sacrifice of any made to be on the job regardless of how they got to do it. we're glad to hear from me. >> thank you, mr. chairman. it is an honor to be here. thank you for you and the other senators and it is an honor to have you as our senior senator. new jersey transit began monitoring of planning for san the day visit -- days
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